A guide to Coloured coins and the cerium miners fundWhat are coloured coins?Coloured coins are coins that are marked with a use or alternative value. They are used generally to represent items such as stocks, bonds, smart properties, securities, precious metals, commodities, other currencies (such as dollars, pounds or euros), and even other crypto-currencies.
How does this fit into the cerium miners fund?The site we are using (coinprism) provides easy set up and distribution of the assets and a way to keep track of your coloured coins/CMF asset. Otherwise if you buy using a wallet that doesnt recognize coloured coins then you could easily sell them by accident. It provides a useful crowdsale feature for us to help distribute the asset and when the cerium miners fund initiates, pay
dividends to asset holders.
What is the cerium miners fund?
The cerium miners fund will be a collective of bitcoin which will be used to invest in trading markets. Things that the cerium miners fund could be used for include:
trading in the XCE markets
trading commodities
trading forex
buying cerium metal
We are currently developing a trading bot for the new 1broker API which will allow us to trade commodities and forex with 200x leverage which combined with the bot we are developing should help bring about solid profit. We also have an experienced commodity trader in our development team for consultation and direction. Cerium metal is an item we can buy and hold long term as summer is an ideal time to buy it. Also we could use the fund to trade cerium if those invested in the cmf wanted to. However, 25% of profits from the CMF will be going to buy support in the XCE market which will be placed and adjusted according to price which allow people to build and create growth in the market so its always going to be a supported market regardless of what we trade.
What is the profit distribution?For the assets you buy the profits made from these will be distributed as follows
How do we buy the CMF asset?1. You MUST make a coinprism account and deposit bitcoin there to buy the asset. The address you send from is where the asset is sent and regular wallets DO NOT recognize coloured coins.
2. Above is a diagram of the crowdsale operation. Users send their btc to the crowdsale address “akAy2xRFM6941et9Y4FBqs4kbuqifKu7Fw8” (which is used to distribute the assets) then on our end when we see btc arrive we accept the transaction.
3. Assets are then sent to the investor and the btc is tranferred to a storage address “14DtjrdjPx8C5dqyLLrR527CH8CwQ6jNku”
4. When CMF begins we will begin to make a return and btc will be credited to your coinprism accounts for
dividends.This is the BTC address in which funds get transferred to: 14DtjrdjPx8C5dqyLLrR527CH8CwQ6jNku
it can be monitored on the blockchain. Funds will not leave here until they are to go to market and when they do the location and address will be announced.
This is where you can see amount of asset issued and also who owns it and various details about the asset:
https://www.coinprism.info/asset/AWmthDhr8RoVFSXW3D8GTAVdSiFSf3589a/ownersImportant info about coins long term futureWe have partnered with another fund to help create the cerium miners fund.
This fund is based on various pos/masternode coins which provides a steady small income.
It has been built up over a period of 2 years, and continues to create strong profit with a value of around 50btc.
The entire fund is owned by cerium in turn for 75% of the assets for cerium and its only purpose is to support xce coin in whatever way decided is best.
50% of this fund is auto reinvested to compound further growth and the other 50% Goes into the following ratios for cerium:
70% of these funds will be allocated to our own fund so we can start up and generate our own fund.
30% of these funds go to buying cerium. Our partners will keep a share of cerium themselves and also burn a portion of cerium, which will decrease the supply making it a bit more valuable.
The duration of this support is indefinite as long Dev/team is doing their job. which means we are free to continue development of our roadmap which i am very excited about
The asset has a supply of 115,000 shares but with our deal only 25% is avaliable to the public which amounts to 28,750 shares
due to our secured finances we can afford to sell our shares to the crypto community for cheaper and we will sell at 5000 sats per asset.
On Monday 22nd of June at 8pm BST we will launch the Cerium miners fund so if you wish to participate please purchase your asset before then. Assets can be bought after this date but they wont be considered for
dividend payment until weekly payout for that week has been completed and the fund starts again on the next monday.
For more details on coinprism and its service follow this link:
https://coinprism.desk.com/ Just be careful about using the word dividend or to apply the concept of dividends in substance or form as some exchanges might not list XCE then. Remember what happened to Isotope coin and the top pic makes reference to Isotope although that is by unfortunate co-incidence it seems.
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